$2,899,999
For sale: Vacant Land

This parcel of land is located in Applewood neighbourhood in Mississaugaon Burnhamthorpe East, between Tomken Road and Dixie Road. It islocated in the heart of Mississauga near Square One shopping centre.Transportation is located right next to this property with Miway bus routeand highway 403/ 401 can be accessed with a 5 minute drive on CawthraRoad. There is a heritage home which can be incorporated into anydevelopment effort. The Ideal development would be townhomes with any development.This exceptional parcel of land offers a rare chance to invest in one of Mississaugas most established and diverse communitiesApplewood. Situated on Burnhamthorpe Road East, between Tomken and Dixie, this site is ideally positioned in the heart of the city, just minutes from Square One, major highways (403/401), and key transit connections via MiWay.Applewood is a vibrant, well-planned neighbourhood that blends residential charm with urban convenience. The area boasts a mix of single-family homes, townhomes, and apartment buildings, complemented by mixed-use developments that promote walkability and access to everyday amenities. Residents enjoy nearby green spaces such as Bloor Athletic Field and Willowcreek Park, enhancing the quality of life for families and professionals alike.Included on the lot is a designated heritage home that adds character and architectural interest to any future development. With city initiatives supporting smart growth and densification, the property is ideally suited for a townhouse development that thoughtfully integrates the existing structure.Whether you're a seasoned developer or investor, this site offers the ideal balance of location, infrastructure, and long-term value potential. Don't miss this opportunity to shape the next chapter in one of Mississaugas most promising neighbourhoods.
Sold data
Homes in Mississauga (Applewood) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 46, across 1,403 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $874,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 1,403 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (Applewood) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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